With 137.95M Outstanding Shares, Can LuxUrban Hotels Inc (NASDAQ: LUXH) Deliver Big Short-Term Gains?

money audit

LuxUrban Hotels Inc (NASDAQ:LUXH) currently has a daily average trading volume of 20.21M but it saw 11465412 shares traded in last market. With a market cap of 5.87M USD, the company’s current market price of $0.04 came rising about 6.25 while comparing to the previous closing price of $0.04. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.88 and as low as $0.03. In the recent trading on the day, stock has struck highest price mark of $0.0395 while lowest mark touched by it was $0.0438.

Taking a look at 20-day trading activity of LuxUrban Hotels Inc (LUXH) gives us an average price of $0.0470, while its current price level is -99.38% below from 52-week high level whereas it is 26.49% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.0617 while that of 200 days or SMA-200 reads an average of $0.7712. A closer look into the stock’s movement over the week reveals that its volatility is standing at 19.16% during that period while stretching the period over a month that increases to 21.29%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 41.59 which implies that the stock is in neutral territory.

Over the week, LUXH’s stock price is moving -13.79% down while it is -29.05% when we observe its performance for the past one month. Year-to-date it is -99.29% down and over the past year, the stock is showing a downside performance of -99.10%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 0.11 beat the consensus estimate of 0.09 for the same.

Currently, LuxUrban Hotels Inc’s total number of outstanding shares is 137.95M. Company’s return on investment (ROI) stands at -74.64% and return on equity (ROE) at -251.02%. Stock’s beta reads -1.11. Stock has a price to sale or P/S ratio amounts to 0.06. Its return on asset (ROA) is -53.26% on average.